5, Oaksmere Gardens
5, Oaksmere Gardens
Description & Estimates
5, Oaksmere Gardens, Ipswich is recorded publicly as a modern leasehold house across 409 ft2 of internal area.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 5, Oaksmere Gardens, Ipswich is £129,783 and its rental estimate is £781 per month, given the available information and assuming reasonable condition.
Oaksmere Gardens, Ipswich, IP2 falls within the IP2 postal district, in the borough of Ipswich.
Our Data Sources
5, Oaksmere Gardens, Ipswich has 21 entries in the Land Registry , most recently in June 2021 and a single entry in the EPC database dated April 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 5, Oaksmere Gardens, Ipswich, we estimate a market value of £136,272 and a rental value of £820 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £120,698 and £727 per month respectively.
Recent Market Change
Over the last year, 5, Oaksmere Gardens, Ipswich has seen its estimated sale value drop by £3,075 (2.4%) and its estimated rental value rise by £23 per month (3.0%). This results in an estimated gross rental yield of 7.2%.
Energy Efficiency
5, Oaksmere Gardens, Ipswich has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Apr 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
The most recent sale of 5, Oaksmere Gardens, Ipswich completed on 28th June 2021 at £118,000 and was recorded by HM Land Registry as a leasehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 25.8% over the period since June 2021.
- Sold Jun 2021£118,000
- Sold Jun 2002£63,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 5, Oaksmere Gardens, Ipswich have sold within a radius of 600 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th September 2024, was 27, Oaksmere Gardens, Ipswich, IP2 9XL, a leasehold house which sold for £140,000.
Read more about house prices in IP2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 22 addresses on Oaksmere Gardens, Ipswich, IP2, 5, Oaksmere Gardens, Ipswich comes out as the 22nd largest and the 21st most expensive in our analysis of the public data.
It is also £80k less expensive than the average property across the IP2 district.
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Schools Nearby
- 400mThe Willows Primary School
- 500mHalifax Primary School
- 800mSt Mark's Catholic Primary School
- 700mChantry Academy
- 900mStoke High School - Ormiston Academy
- 3.6kmIpswich Academy
More reading links
Public Transport Nearby
From 5, Oaksmere Gardens, Ipswich, the nearest station is Ipswich, 1.3 kilometres away.
- 1.3kmIpswich
- 3.4kmDerby Road (Ipswich)
- 5.0kmWesterfield
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
